Competition is getting tougher in the lending industry, and credit unions aren’t insulated from such difficulties. Rising interest rates and …
LOAN PIPELINE MANAGEMENT EXPLAINED
In essence, a loan pipeline is simply a sales pipeline that pushes loans through pre-qualification to loan funding. Like sales …
UNDERSTANDING DISPARATE IMPACT IN LENDING
Most lenders are well-versed on what discrimination looks like and how to prevent blatant forms of it from occurring within …
IMPLEMENTATION CASE STUDY: ENTERPRISE BANK
A top 50 publicly traded U.S. enterprise bank with more than $30 billion in assets decided to enter the indirect …
5 DIGITAL LENDING CHALLENGES & HOW TO OVERCOME THEM
It began in March 2023, when Silvergate Bank in California stated it was closing its doors. Silicon Valley Bank (SVB) …
LEADING CAPTIVE LENDER TAPS defi TO IMPLEMENT TIME-SENSITIVE PRIVATE-LABEL OEM DEAL
North America’s largest captive lender, with a portfolio of over $50 billion in auto loans, had an opportunity to provide …
AUTO LOANS DURING A RECESSION: TIPS FOR LENDERS
The economic situation in the United States has been rather frenetic over the past four years due to a number …
ASSET FINANCE TECHNOLOGY: KEY BENEFITS FOR LENDERS
Asset finance technology can help consumer lenders improve the flexibility of their products, whether they’re vehicle loans or leases or …
COMPARING LEASE AND LOAN MANAGEMENT SOFTWARE SOLUTIONS FOR 2023
Looking ahead to the new year, banks, credit unions, and other lenders are reevaluating how they respond to unexpected economic …
THE BENEFITS OF AI IN AUTO LENDING INDUSTRY
Fintech is being used to automate many processes within the financial services industry, with the auto lending sector being no …